2025-05-15T16:47:54-05:00 2024-06-30 993307718 LUCAS HORSFALL ADVISORS LLC 299 N EUCLID AVENUE 2ND FLOOR PASADENA CA 91101 990 2023-07-01 952907884 ARMORY CENTER FOR THE ARTS ARMO 6267925101 145 NORTH RAYMOND AVENUE PASADENA CA 91103 JILL SUMIYASU BOARD CHAIR 6267925101 2025-04-29 1 0 ARIEL E DRACHENBERG P00086688 6267445100 2025-04-29 2023 2025-03-06 01:10:19Z JILL SUMIYASU 145 NORTH RAYMOND AVENUE PASADENA CA 91103 8722073 0 X WWW.ARMORYARTS.ORG X 1974 CA THE ARMORY CENTER FOR THE ARTS' MISSION IS TO NURTURE OUR COMMUNITY AND ITS YOUNG PEOPLE BY CREATING, LEARNING, AND PRESENTING ART TO ADVANCE EQUITY AND SOCIAL JUSTICE.WE ENVISION JOYFUL, HEALTHY, AND EQUITABLE COMMUNITIES SHAPED BY IMAGINATION, CREATIVITY, AND DIVERSE VOICES.PASADENA'S ARMORY CENTER FOR THE ARTS IS A LEADER INCONTEMPORARY ART EXHIBITIONS AND COMMUNITY-BASED ARTS EDUCATION. THE ARMORY BELIEVES THAT AN UNDERSTANDING AND APPRECIATION OF THE ARTS IS ESSENTIAL FOR A WELL-ROUNDED HUMAN EXPERIENCE AND A HEALTHY COMMUNITY. AT THE CORE OF OUR MISSION IS A DEEP COMMITMENT TO SOCIAL JUSTICE THROUGH ARTS EDUCATION. 29 29 93 96 0 0 2102089 7580906 873273 823388 -94765 -20350 11033 1385 2891630 8385329 0 0 0 0 2098527 2297039 0 0 403686 668003 718996 2766530 3016035 125100 5369294 5916615 11604642 93523 152020 5823092 11452622 THE ARMORY CENTER FOR THE ARTS' MISSION IS TO NURTURE OUR COMMUNITY AND ITS YOUNG PEOPLE BY CREATING, LEARNING, AND PRESENTING ART TO ADVANCE EQUITY AND SOCIAL JUSTICE. 0 0 1909300 802298 PROVIDED ART EDUCATION WORKSHOPS, PROFESSIONAL EXHIBITIONS AND PRESENTATIONS TO THE GENERAL PUBLIC AND SCHOOLS. REDUCED TUITION WAS PROVIDED TO LOW INCOME HOUSEHOLDS FOR PARTICIPATION IN TUITION-BASED CLASSES. ALSO PROVIDED A COMMUNITY CENTER FOR USE BY ARTISTS AND TAX-EXEMPT ORGANIZATIONS; OVER 100,000 VISITS. MANY OF THESE SERVICES ARE PROVIDED FREE TO THE COMMUNITY OF PASADENA IN EXCHANGE FOR THE RENT FREE USE OF THE ARMORY BUILDING. 1909300 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 93 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LESLIE ITO 6267925101 145 NORTH RAYMOND AVENUE PASADENA CA 911033921 ALICE FUNG CHAIR - STRATEGIC PLANNING 2.00 X X 0 0 0 BETSY GREENBERG DIRECTOR 2.00 X 0 0 0 CAROLYN CUTLER DIRECTOR 2.00 X 0 0 0 CATHERINE ARIAS VP - BOARD AFFIARS 2.00 X X 0 0 0 DENISE MATHEWS DIRECTOR 2.00 X 0 0 0 DIANNE M MAGEE DIRECTOR 2.00 X 0 0 0 DONNA VACCARINO DIRECTOR 2.00 X 0 0 0 GALE KOHL VP - BUILDING AND TECH 4.00 X X 0 0 0 GRANT DERDERIAN DIRECTOR 2.00 X 0 0 0 HAVEN LIN-KIRK DIRECTOR 2.00 X 0 0 0 JILL SUMIYASU BOARD CHAIR 2.00 X X 0 0 0 KATHARINE HARRINGTON VICE CHAIR 2.00 X X 0 0 0 KATHY MANGUM DIRECTOR 2.00 X 0 0 0 KRISTIN MASSIMINO CHAIR - AUDIT 2.00 X X 0 0 0 LINDA BURROW TREASURER 2.00 X X 0 0 0 LUIS GRANE DIRECTOR 2.00 X 0 0 0 MARIA KHADER KARP VP - DEVELOPMENT 2.00 X X 0 0 0 MARY GUMPORT DIRECTOR 2.00 X 0 0 0 MAX BRENNAN SECRETARY 2.00 X X 0 0 0 NERY GABRIEL LEMUS DIRECTOR 2.00 X 0 0 0 NIC CHA KIM DIRECTOR 2.00 X 0 0 0 PETER KUTZER DIRECTOR 2.00 X 0 0 0 SARAH DESCHENES VP - PERSONNEL 2.00 X X 0 0 0 SHANNON MALONE DIRECTOR 2.00 X 0 0 0 SUSAN HALL-HARDWICK DIRECTOR 2.00 X 0 0 0 TAMERLIN GODLEY DIRECTOR 2.00 X 0 0 0 TIMOTHY THOMAS II DIRECTOR 2.00 X 0 0 0 VICTORIA STRATMAN PAST PRESIDENT 2.00 X X 0 0 0 LESLIE A ITO EXECUTIVE DIRECTOR & PRESI 50.00 X 163833 0 0 163833 0 0 1 1 1 0 0 234651 666560 6679695 7580906 TUITION AND FEES 611600 823388 823388 823388 96998 96998 55419 29087 8784 193070 46635 -163983 -117348 -117348 134890 234651 134890 0 1385 0 1385 1385 8385329 804423 0 0 355626 244620 54333 56673 1596695 1098298 243944 254453 170188 58854 97522 13812 174530 60356 100009 14165 96716 74651 16018 6047 209869 161989 34758 13122 63514 31949 11442 20123 84273 54659 16503 13111 32793 21968 7502 3323 102772 102772 36035 12753 17868 5414 PROGRAM SUPPLIES 71274 71272 2 0 PRINTING & DOCUMENTATIO 21079 17681 0 3398 TAXES & LICENSES 671 250 376 45 3016035 1909300 703049 403686 1308218 1421470 648156 6063052 34934 49712 3783035 3104008 767239 679027 2782658 3142491 53940 53940 321470 194950 5916615 11604642 93523 147409 4611 93523 152020 X 2947156 3291216 2875936 8161406 5823092 11452622 5916615 11604642 5369294 260236 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86950 X X 0 1564190 80364 80364 1564190 1564190 55511 55511 1564190 1564190 49 49 1564190 1564190 38019 38019 1564190 1564190 71376 71376 1564190 0 0 3270903 2604229 666674 402144 389791 12353 109988 109988 0 679027 8683185 260236 37620 297856 8385329 0 8385329 3053655 37620 37620 3016035 0 3016035 PART III, LINE 4 THE ARMORY OWNS A SELECTION OF INDIVIDUAL CONTEMPORARY ART OBJECTS IN ORDER TO PROVIDE MEANINGFUL AND INNOVATIVE ART EXPERIENCES THAT ARE ACCESSIBLE AND AVAILABLE TO THE ENTIRE COMMUNITY. PART V, LINE 4 PERMANENTLY RESTRICTED NET ASSETS RELATE TO DONOR-RESTRICTED AMOUNTS PLEDGED AND/OR RECEIVED WHICH ARE TO BE HELD IN PERPETUITY, THE PRINCIPAL TO BE INVESTED AND THE INCOME TO BE SPENT IN ACCORDANCE WITH THE CENTER SPENDING RATE POLICY FOR CURRENT OPERATIONS. AS OF JUNE 30, 2024 AND 2023, PERMANENTLY RESTRICTED NET ASSETS CONSIST OF THE FOLLOWING: 2024 2023 NEA ENDOWMENT FUND $346,190 $364,190 WALLACE CASH RESERVE FUND 250,000 250,000 WALLACE ENDOWMENT FUND 250,000 250,000 WALLACE MATCHING GIFTS 500,000 500,000 HIXON ENDOWMENT FUND 200,000 200,000 TOTALS $1,564,190 $1,564,190 ALL OF THE ENDOWMENT EARNINGS ARE UNRESTRICTED. TEMPORARILY RESTRICTED NET ASSETS AT JUNE 30, 2024 AND 2023 RELATE TO DONOR-RESTRICTED AMOUNTS PLEDGED AND/OR RECEIVED, WHICH ARE TO BE USED FOR SPECIFIED PROGRAMS. AS OF JUNE 30, 2024 AND 2023, TEMPORARILY RESTRICTED NET ASSETS CONSIST OF THE FOLLOWING: 2024 2023 PLEDGES FOR FOLLOWING YEAR PROGRAMS $ 0 $ 0 ADVANCED FUNDS FOR FOLLOWING YEAR PROGRAMS 6,597,216 1,311,746 TOTALS $6,597,216 $ 1,311,746 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ARMORY ADVERTISES ITS PROGRAMS IN A WIDE VARIETY OF PUBLICATIONS AND PRODUCES PROGRAM INFORMATION IN BOTH ENGLISH AND SPANISH. SCH E - FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION THE ARMORY RECEIVES ASSISTANCE FROM THE FOLLOWING STATE AND FEDERAL AGENCIES: CITY OF PASADENA, CALIFORNIA ART COUNCIL, LOS ANGELES DEPARTMENT OF CULTURAL AFFAIRS, AND THE INSTITUTE OF MUSEUM AND LIBRARY SERVICES. X X X X X X 0 FUNDRAISING EVENT 369541 234651 134890 134890 369541 234651 134890 134890 134890 0 X X 0 0 0 0 0 0 0 0 0 LESLIE A ITO EXECUTIVE DIRECTOR & PRESI 163833 0 0 0 0 0 0 0 0 0 163833 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS REVIEWED AT THE FINANCE COMMITTEE MEETING. A COPY OF THE REVIEWED FORM IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C FILL OUT AND SIGN A CONFLICT OF INTEREST FORM FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR (E.D.) COMPENSATION IS DECIDED BY BOARD OF DIRECTORS AT TIME OF OPENING BASED ON REGIONAL AND FIELD COMPS. TOP MANAGEMENT OTHER THAN THE E.D. IS DECIDED BY THE E.D. AT TIME OF JOB OPENINGS BASED ON REGIONAL AND FIELD COMPS. OFFICERS AND KEY EMPLOYEES COMPENSATION IS DECIDED BY THE EXECUTIVE DIRECTOR AT TIME OF OPENING BASED ON REGIONAL AND FIELD COMPS. THEREAFTER, THE E.D'S COMPENSATION IS REVIEWED ON AN ANNUAL BASIS BY THE PERSONNEL COMMITTEE OF THE BOARD WHICH MAKES COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD BASED ON A REVIEW OF PERTINENT FACTORS INCLUDING PAST SALARY HISTORY AND COMPARABLE SALARIES IN THE FIELD. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST